This thesis consists of three essays discussing current issues in the field of top executives.
This thesis consists of three essays discussing current issues in the field of top executives. Essay 1 is based on principal-agent theory and investigates the existence of a pay-for-performance relation in the German corporate governance system. Essay 2 concentrates on top executives’ careers contributing to the understanding of top executives’ personalities and experiences. Essay 3 sheds light on interaction effects of compensation and top executive characteristics while analyzing managerial risk taking. Combining arguments from principal-agent theory and upper echelons theory, I examine how compensation design and top executives’ characteristics influence managerial risk taking.
Cornelia Hojer
Cornelia Hojer hat an der Technischen Universität am Lehrstuhl für Controlling promoviert.
Managerial Career Patterns Top Executive Compensation Top Management Teams Managerial Risk Taking